Number of lands put up for sale in Baku up 19% in last two years

Infrastructure

31 March, 2017
12:48

Number of lands put up for sale in Baku up 19% in last two years

Baku. 31 March. REPORT.AZ/ Demand in land market of Baku increased by 19.4% from February 2015 to February 2017 and the number of sale advertisements made 437. For comparison, as of March 2014, the number of sale advertisements made 815. Thus, there were 46% decline on land market since March 2014 till February 2017. Report informs, this was revealed as a result of investigations by monitoring team of “Real Estate Market Participants "Public Union.

In February 2017, the region's share in total supply portfolio was as follows:

In February 2017, the land market prices were as follows:

District	Settlement	Price (acres of land)
Sabunchu	Bilgah	3 904
	Bilgah. (seashore)	16 717
	Zabrat	6 338
	Ramana	3 783
	Bakikhanov	33 519
	Nardaran	8 500
	Nardaran (seashore)	15 000-20 000
	Savalan	9 000
	Kurdakhani	2 000
Surakhani	Hovsan	5 177
	Bulbule	17 500
	Yeni Surakhani	3 867
	Emirjan	10 571
	Yeni Guneshli	11 000
	Dede Korkut	2 000
	Bahar	4500
	Garachukur	16 997
Səbail	Badamdar, 3 massif	22 030
Khatai	Ahmadli	27 143
	H.Aslanov	34 797
Xəzər	Dubandi	2 800
	Gala	3 175
	Bina	3 139
	Binə (Mardakan highway)	9 875
	Gala	3 175
	Mardakan	6 622
	Buzovna	6 983
	Shuvalan	4 333
	Turkan	2 100
	Zire	1 767
	Shaghan	11 500
Yasamal	Yeni Yasamal	18 571
Pirallahi	Gurgan	5 000
Binagadi	VI microdistrict	37 500
	VIII microdistrict	111 250
	IX microdistrict	16 125
	Bilajari	11 943
	Binagadi	7 104
	Rasulzade	8 595
	Sulutepe	6 802